News
Singapore medical device output grew 4.2% in June
Singapore medical device output grew 4.2% in June
The industry outperformed the output of the manufacturing sector, which fell 6.9%.
Half of SMBs and enterprises use near end-of-life OS
Just as many SMBs and enterprise workstations use Windows 7 as those that use Windows 10.
Chart of the Day: 30-year factory and warehouse leaseholds fell 1.1% in Q2
This follows a three-year continuous decline.
Daily Briefing: Crypto firm Sygnum eyes banking license; Chinese firm to buy AVIC Maritime for $31.58m
And cross-border payments platform TranSwap has obtained a license from Bank of Indonesia.
Daily Markets Briefing: STI up 0.83%
CapitaLand led the gains amongst top active stocks with a 2.07% climb.
Bartley Road GLS tender may get top bid of $100m
The residential site is expected to attract five to eight bidders.
J.P. Morgan to set up electronic FX trading and pricing engine
It will launch in early 2020.
MAS opens applications for new digital bank licences
Interested parties have until 31 December to submit applications.
UOL Group launches Avenue South Residence for preview
300 units will be launched with an average price of $1,780 psf to $2,250 psf.
Bukit Sembawang to launch preview of Luxus Hills
Houses can be leased with a 20% down payment or reserved with a 10% deposit.
Singapore speeds up processing time for tech patent application
Alibaba Group was granted an AI patent in a record time of three months.
Singapore is the world's second safest city
It topped the infrastructure safety and personal security subcategories.
ST Integrated Engineering seeks to raise $4m via private listing
The proceeds will fuel expansion overseas and tech development.
City Towers sold for $401.9m after four en bloc attempts
The property has 77 apartments units and a maisonette.
Sports retailer Decathlon to open AR-powered store at The Centrepoint
It will open by early 2020.
CPFIS-included funds grew 2.21% in Q2
Gains from SCI World TR USD and FTSE WGBI TR boosted its performance.
No rescue deal sealed with Utico: Hyflux
But Utico earlier said that it had already inked a deal with the firm.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform